INVESTING GLOBALLY & PROFITABLY

Why Singapore’s manufacturing story holds

Sector-level margin pressure appears more manageable than the headline cost data initially suggests

Over the past five years, the S&P 500 has risen by more than 70%.
DIARY OF A PRIVATE INVESTOR

When will the stock market crash?

While AI may be behind the surge in American markets, it doesn’t explain the performance of the ones in London or Singapore

By scaling up the Treasury’s buyback programme, a Fed-Treasury partnership could effectively replicate Operation Twist, used to lower long-term borrowing costs in 1961 and briefly in 2011.
CIO CORNER

What the US can do to control rising yields

A new chapter in the policy experimentation playbook may need to be written or, more accurately, resurrected

Workers displaced by AI could create new businesses, pursue artistic interests, set up social enterprises or launch community initiatives.
SENSE & CENTS

Scenario of AI-driven jobless economic growth need not scare investors and society

Singapore can win in the age of artificial intelligence, and this will benefit local equities

SpaceX’s heft may soon land it in portfolios of investors who are not particularly interested in owning it.
MARK TO MARKET

Silent kingmakers: Market index providers are driving public investors into SpaceX and Big AI

This may sustain demand for AI hardware powering the best performing Asian markets, and perhaps lift some of the worst laggards too

Historically, well-telegraphed IPO cycles in bull markets have deepened liquidity and broadened participation once absorbed.
RETHINKING MATTERS

Are markets at a tipping point?

Higher rates and new equity supply test markets, but strong earnings and steady growth can sustain the bull run

SpaceX is not being priced like a traditional aerospace, telecom or defence company. Rather, investors are being asked to buy into Elon Musk’s vision of the future.
COMMENTARY

From moonshot to markets: Understand the mechanics before plunging into SpaceX’s mega IPO

For investors, the more interesting point is not the headline valuation, but what actually comes into the market

POEMS by PhillipCapital combines digital trading tools with access to research, market insights and human support for investors.
BRANDED CONTENT

Lower fees, dedicated expertise: How retail investors can access US markets on better terms

PhillipCapital’s POEMS platform combines zero-brokerage-fee US stock trading with personalised specialist support and research, helping investors build their portfolios with greater confidence

Investors have pulled about US$5.5 billion from US-listed spot Bitcoin ETFs over 13 straight days of net outflows.

Bitcoin’s worst week since FTX crash may signal more pain ahead

The crypto’s drop below US$60,000 takes the token to its lowest level since October 2024

Equity markets rallied in April and May despite headwinds in the Middle East peace process, inflationary pressure and rising bond yields.
CIO CORNER

State of play at half-time of 2026

Investors should design a game plan, stay committed to their strategy and focus on long-term performance